DecisionMap Wealth Management LLC Sells 7,040 Shares of iShares U.S. Technology ETF $IYW

DecisionMap Wealth Management LLC lowered its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 82.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,481 shares of the exchange traded fund’s stock after selling 7,040 shares during the period. DecisionMap Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $296,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Principal Financial Group Inc. boosted its stake in iShares U.S. Technology ETF by 99.1% in the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock worth $21,041,000 after purchasing an additional 53,466 shares in the last quarter. Compound Planning Inc. increased its stake in shares of iShares U.S. Technology ETF by 10.7% in the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after buying an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC increased its stake in shares of iShares U.S. Technology ETF by 32.2% in the third quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after buying an additional 2,882 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of iShares U.S. Technology ETF in the third quarter valued at about $1,093,000. Finally, HB Wealth Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 48.2% in the third quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock valued at $3,274,000 after buying an additional 5,439 shares during the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Down 2.2%

Shares of NYSEARCA IYW opened at $184.48 on Friday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The firm’s 50-day simple moving average is $194.05 and its 200 day simple moving average is $196.46. The company has a market cap of $19.31 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

About iShares U.S. Technology ETF

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.